Philippine-US trade stable despite Trump's tariff threats

Despite President Donald Trump's planned 'reciprocal tariffs' policy, Philippine-US trade relations remain stable for now.

Trade Secretary Ma. Cristina Roque asserts that there’s no current specific information about new tariffs and emphasizes the countries are allies with a minor trade deficit.

Data from the US Trade Representative shows $20.3 billion in total trade between the two nations in 2024, with a $3.9 billion deficit in favor of the Philippines.

Roque expresses confidence that this minimal impact will not significantly affect Philippine trade and plans to meet with her American counterpart for further collaboration.